PROSHARES ULTRASHORT BLOOMBE (SCO) Stock Technical Analysis
USA - NYSEARCA:SCO - US74347Y7976 - ETF
We assign a technical rating of 4 out of 10 to SCO. In the last year, SCO was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
SCO has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.82
We found 4 important support areas.
- A support zone ranging from 17.34 to 18.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.03 from a trend line in the weekly time frame.
- A support zone ranging from 16.17 to 16.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 19.20 to 19.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 19.61 to 19.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SCO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SCO is neutral. |
| ChartMill Relative Strength | 49.14 | NEUTRAL | SCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SCO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.93 | NEUTRAL | The RSI value for SCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.66 | NEUTRAL | The Stochastics value for SCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for SCO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.61 | NEGATIVE | The low ADX value for SCO suggests a weak or negative trend. |
NYSEARCA:SCO (11/12/2025, 5:11:46 PM)
After market: 18.8715 -0.03 (-0.15%)18.9
+1.23 (+6.96%)
PROSHARES ULTRASHORT BLOOMBE / SCO FAQ
Can you provide the ChartMill technical rating for PROSHARES ULTRASHORT BLOOMBE?
ChartMill assigns a technical rating of 4 / 10 to SCO.
What is the current trend direction of PROSHARES ULTRASHORT BLOOMBE (SCO) stock?
The current trend direction for PROSHARES ULTRASHORT BLOOMBE (SCO) is Bearish.
Can you provide the RSI signal for PROSHARES ULTRASHORT BLOOMBE?
PROSHARES ULTRASHORT BLOOMBE (SCO) has an RSI value of 56.9313. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PROSHARES ULTRASHORT BLOOMBE?
The MACD indicator for PROSHARES ULTRASHORT BLOOMBE (SCO) has a value of -0.0354144, indicating a bearish trend.
What is the short term momentum for PROSHARES ULTRASHORT BLOOMBE (SCO) stock?
The short term momentum for PROSHARES ULTRASHORT BLOOMBE (SCO) is neutral.